American Equipment Holdings (American Equipment), a Rotunda Capital Partners portfolio company, announced it has acquired Washington Crane & Hoist (Washington Crane), an overhead crane maintenance provider.
Washington Crane is the third acquisition completed by American Equipment since partnering with Rotunda in May 2021.
The acquisition of Washington Crane adds another brand to American Equipment’s portfolio of overhead crane and hoist MRO service and equipment providers.
“We are excited to welcome the entire Washington Crane team to the American Equipment family,” said Adam Zimmerman, American Equipment CEO. “Leveraging both companies’ differentiated capabilities and expanded geographic footprint enables us to deliver unprecedented value to our customers. The acquisition of Washington Crane is a tremendous milestone as we reinforce our position as the trusted partner-of-choice in the overhead crane and hoist markets.”
Washington Crane has been providing overhead crane and hoist solutions to customers throughout the Pacific Northwest and Alaska, including OSHA mandated inspections, preventative maintenance and repair services, parts, engineering, new and replacement equipment, and system modernizations.
“I have been extremely impressed with the American Equipment and Rotunda teams, especially their collective vision for the industry,” said Mike Currie, owner and president of Washington Crane. “After meeting with American Equipment, it was clear to me that Adam and his team are building a special company – their focus on their customers, employees, and safety are best-in-class. We are thrilled by the opportunities this acquisition creates for both our customers and our employees.”
Currie will continue to support the company and its customers post-transaction as a special advisor to American Equipment.